Costs of ‘Big Australia’ mount

Sunday 3 June 2018

If you want a prime example of the hidden costs of Australia’s mass immigration ‘Big Australia’ policy, look no further than Sydney’s M4 – the 46-kilometre-long dual carriage motorway in western Sydney.

After been fully paid-off in 2010, tolls were reinstated on the M4 from August 2017 in order to help fund Sydney’s highly controversial $17 billion-plus WestConnex toll road and tunnel, with tolls to rise by 4% a year for the next 43 years!

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.